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Jenn Smart

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741 Leonard , Grand Rapids, MI 49504
$1,999,999
Est. Payment: $10,422.27/mo
0 Bed
0 Bath
7000 Sqft
Status: active | Days on site: 995
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

HERE IS YOUR CHANCE TO OWNER A ICONIC BAR ON THE HIGHLY DESIRABLE WEST SIDE OF GRAND RAPIDS. LOTS OF ROOM TO GROW UPSTAIRS. CURRENTLY USED AS A BAR RESTAURANT. GREAT LOCATION WITH OFF STREET PARKING. LIQUOR LICENSE INCLUDED IN SALE. LAND CONTRACT AVAILABLE IF NEEDED. EXTRA REVENUE ABOVE FOR 2 APARTMENTS. IRON WELL HAS BEEN COMPLETELY UPDATED INSIDE WITH MANY DIFFERENT REVENUE STREAMS. LARGE STAGE THAT HAS HOSTED BANDS SUCH AS FOREIGNER IN THE PAST. THIS BAR HAS A LARGE STAGE AND DANCE AREA ALONG WITH 2POOL TABLES. BAR, BEER TAPS AND COOLERS HAVE ALL BEEN REPLACED.

Highlights

Listed by Drew Wodarski , (616) 890-8225 Realty Michigan LLC , (616) 890-8225. MiRealSource, Inc. mls logo

Property Type

Business Opportunity

Lot/Acreage
0.17

Year Built

1910

County

Kent

Area

Grand Rapids (41032)

Listing ID

70315543

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Above Ground Sq Ft:7000

Exterior Features

Lot Dimensions:40X100
Roof:Rubber
Sewer:Storm
Principal Interest
$10,422
Taxes
$690

Home Price

$1,999,999

Loan Details

30 yrs
6.792%

Down Payment

20%
$400,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$10,422.27

Principal

Taxes

Principal Taxes HOA Total
Monthly $10,422.27 $690.33 $0.00 $11,112.61
Yearly $125,067.28 $8,284.00 $0.00 $133,351.28
Total $3,752,018.27 $248,520.00 $0.00 $4,000,538.27
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So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Grand Rapids, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

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Data last updated: 2026-09-02T03:11:55.100Z

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